NOTHING WORTH HAVING COMES EASY
Like anything worth doing in life, investing can be tough – especially if you’ve started with nothing and worked hard to achieve success. So, how do you get through these tough times, the lowest points of investing, in order to make it to the top? According to Nathan, it’s all about the hustle.
THE WORLD STANDS ASIDE…
If you have a goal you want to achieve and you go for it with all your worth, you will get there. As the old saying goes, the world stands aside for the person who knows where they are going. Have a plan of attack and stick to it. Be driven, have passion, have direction and purpose and block out all the doubt that others may throw at you. At the end of the day, it is your life, you have made a choice to invest, and created a plan to follow – just do it.
Despite what advertising throws at us each day, you don’t need to spend money to be happy. In fact, the opposite is closer to the truth. The less money you spend on fleeting pleasures, the more money you save. This allows you to pour more of your hard-earned cash into properties, giving you greater leverage to invest in more and more. This inevitably leads to a greater cash-flow which can give you freedom to choose how you want to spend your time. What would bring you greater happiness, being locked into a lifetime of work and spending or having the financial freedom to take time off (or even retire) when you want to?
When Nathan began investing he had to work two full-time jobs in order to save for and purchase his first investment. In order to keep going, he lived so frugally he managed to eat lunch for a dollar a day.
When it came down to fixing up his properties, he used “sweat equity” and did most of the work himself. When he came across houses that were being demolished, he would give the owners $200 to go in and salvage any parts (such as carpet and kitchen fittings) that were in good condition, and then use them to improve his own properties.
He sacrificed his car in order to invest in more properties, choosing to drive $500 shit-boxes instead.
All in all, he hustled himself to the next level, time and time again – and look where it has gotten him. He now earns almost $1 million in passive income each year and drives a Bentley.
So, if you are doing it tough and finding it hard, just remember, you are pushing yourself to a better life. Whatever doesn’t kill us, makes us stronger, and when all your hard work finally does pay off in the end, you will appreciate your success even more.
How do you make it through the lowest points of investing? Please share your experiences in the comments section below.